Union Bank SRO - ARBITRAGE TRADE

 

CASH POSITION

 

Too risky to trade right now.

No significant trades in March-April so far. 

I have no allocation for CTS global IPO. 

Just waiting for the opportunity.

25k to 1M CHALLENGE - MARCH 7, 2022

 

Commodities Are Cruising

COMMODITIES BULL MARKET IS HERE...

As for my portfolio...

I took all the profits from $BLOOM position (still on my watchlist....) cut my losses on $CREIT

Now, I opened a $DMC for possible quick swing trade up to dividend announcement before the end of the month (March 2022)..

I'm now up 13.5% from 25k starting value.

25K to 1M CHALLENGE: End of month update (Feb 28, 2022)

 

CRAZY CRAZY FEBRUARY, 2022!! Lots of volatility in the PSE, Global, and CRYPTO because of the Russian Invasion of Ukraine + FED HIKE + INFLATION SCARE...

Oil hitting 100 usd/barrel mark for the first time since 2014. Gold almost 1900sh, and other commodities are thriving in this uncertain  environment. 

Anyway, let me update what is going on with my challenge portfolio...

As of February 28, 2022....... I'm still holding on to my $BLOOM, betting on the post-rebalancing run and re-opening play.. $CREIT was just listed last week, I entered at 3.81 just holding the it for now, I'm still guaranteed 6% annual dividend , therefore +2% on this one. Cutloss is -6%.

My trail stop for $BLOOM is already set if it reach 8PHP, I might take the profit..

 

UPDATE 25k-1M Challenge: Cut your losses QUICK

 

            

 

I opened a long position to $CNVRG (Converge Information & Communications Technology Solutions Inc.) last January 26, 2022 anticipating a news of MSCI inclusion by February. Unfortunately, I got stopped out and lost the trade -9.5% or - Php 1950.

Because of the poor platform in terms of execution, I moved the fund to COL financial and re-start the challenge as of February 14.

Week 2: 20k to 1 Million Challenge

 January 26, 2022

Trading and investing in the Philippine Stock Exchange is quite challenging amidst the low liquidity and low retail investors participation. The Philippines only has 1% of the entire population that are into stock trading and investing. Whereas in the US, almost 55% of the population are into it. Despite the challenges in the local market, I'm very inspired to start a trading challenge. I'm planning to grow a Php 20,000 capital into Php 1 Million.

I know it is kinda farfetched because of the macroeconomic environment wherein the US Fed will raise interest rates which will put heavy pressure to high risk assets such as equities, stocks, and even crypto globally. But, I'm very optimistic person and I believe it is possible to grow a small capital.

BTW, Here is my trading platform BDO Securities which had a buying power of Php 21,531.

I bought 600 shares of $CNVRG at the market price of Php 31.5 per share (as of Jan. 26, 2022). (Ave price plus commission: Php 31.59)

Let's see in the coming months. I'm planning to do position trading meaning I'm just buying and then sitting for months or even years in order to maximize the run-up of this stock. Converge is one of the fastest growing company in the Philippines. The growth and increasing earnings is still intact and in-play. My target price would be around Php 40-41 per share.

Week 1

Main Goal: Grow 3000x

This is a fund venturing into different markets and opportunities. Developed and Emerging Markets, Crypto, Commodities, Business Start-ups.